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Won the title of Chinese First League, going to play in CSL. Chongqing Lifan is supposed to have a nice memory in 2014.When the boss of Lifan,Yin minshan announced the quit ,everyone was left in shock.
LiFan’s failure of getting through financial crisis was identified as the main reason which trigger the withdraw. According to the rules of CSL, every CSL team has to deposit 200 million RMB at least. And Yin , as a giant in China automobile and motorbike industry , tried to sell his football club from 2011, now putting his foot down.
According to Lifan Group, the transfer fee is no less than 150 million RMB, and the team should be kept still in Chongqing.These are two conditions Yin minshan insist on.
JD.com, Chang`an Automobile and Sunac China Holdings all showed their interest in taking over the club, and then be ruled out from the list of “buyers”.
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